Quote-a-palooza

“We are firmly convinced, and we act on that conviction, that with nations as with individuals our interests soundly calculated will ever be found inseparable from our moral duties, and history bears witness to the fact that a just nation is trusted on its word when recourse is had to armaments and wars to bridle others.” – Thomas Jefferson

“I don’t pass the buck, nor do I alibi out of any decision I make.” – Harry S. Truman

“Whether we want to own up to it or not, the welfare state has done what Jim Crow, gross discrimination and poverty could not have done. It has contributed to the breakdown of the black family structure and has helped establish a set of values alien to traditional values of high moral standards, hard work and achievement.” – Walter Williams

“We don’t look to arsonists to help put out fires but we do look to politicians to help solve financial crises that they played a major role in creating. How did the government help create the current financial mess? Let me count the ways… Government laws and policies at federal, state and local levels have had the net effect of putting both borrowers and lenders way out on a limb. Yet, when that limb began to crack, the first reaction in politics and in the media has been to look to government to solve this problem because- as always- it was called the market’s fault, the lenders’ fault and everybody’s fault except those politicians who created this dicey situation in the first place. Markets often get blamed for conveying a reality that was not created by the market. … Markets were also blamed for the Great Depression of the 1930s and New Deal politicians were credited with getting us out of it. But increasing numbers of economists and historians have concluded that it was government intervention which prolonged the Great Depression beyond that of other depressions where the government did nothing. The stock market crash of 1987 was at least as big as the stock market crash in 1929. But, instead of being followed by a Great Depression, the 1987 crash was followed by 20 years of economic growth, with low inflation and low unemployment. The Reagan administration did nothing in 1987, despite outrage in the media at the government’s failure to live up to its responsibility, as seen in liberal quarters. But nothing was apparently what needed to be done, so that markets could adjust. The last thing politicians can do in an election year is nothing. So we can look for all sorts of ‘solutions’ by politicians of both parties. Like most political solutions, these are likely to make matters worse.” – Thomas Sowell

“The Founding Fathers knew a government can’t control the economy without controlling people. And they knew when a government sets out to do that, it must use force and coercion to achieve its purpose. So we have come to a time for choosing. Public servants say, always with the best of intentions, ‘What greater service we could render if only we had a little more money and a little more power.’ But the truth is that outside of its legitimate function, government does nothing as well or as economically as the private sector.” – Ronald Reagan

“Every president, every senator, every member of Congress and every Supreme Court justice takes an oath to uphold the Constitution of the United States. The way some of them behave, though, you have to wonder if they’ve ever read it. The Constitution is clear and understandable. It gives Congress, the legislative branch, the responsibility of passing our laws. It gives the president, head of the executive branch, the responsibility of enforcing those laws. And it gives the courts, headed by the Supreme Court, the responsibility of interpreting them. Yet in recent years, leaders of all three branches have expressed confusing- and incorrect- ideas about the Constitution… Members of all three branches of our government should do some light reading this summer, and refresh themselves on their proper roles. After all, you can’t uphold what you don’t understand.” – Ed Feulner

“If you restrict the supply of energy (gasoline) and demand continues to grow, what will happen to the price of energy (gasoline)? I expect most readers would answer, ‘The price will rise.’ The only class of Americans who continue to not answer that question correctly is the U.S. Congress. Why do old farmers continue to plant fruit and nut trees, even though they may not be productive in their lifetimes? Why do business people, particularly entrepreneurs, make investments that may not pay off for many years in the future? On the other hand, why do so many politicians promote policies that will cause great harm in future years? Farmers and business people tend to have long time horizons and care about future generations, while too many in the political class are narcissists and care only about the political cycle or maybe even the 24-hour news cycle. As the predictable financial and energy problems have demonstrated, if politicians were to act more like farmers and entrepreneurs, the people would be far better off.” – Richard W. Rahn

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